Property Prices in Erlangen, Germany

Index Info
Price to Income Ratio: 6.77
Mortgage as Percentage of Income: 39.88%
Loan Affordability Index: 2.51
Price to Rent Ratio - City Centre: 33.45
Price to Rent Ratio - Outside of Centre: 35.31
Gross Rental Yield (City Centre): 2.99%
Gross Rental Yield (Outside of Centre): 2.83%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 625.00 € 500.00-950.00
Apartment (1 bedroom) Outside of Centre 507.14 € 400.00-650.00
Apartment (3 bedrooms) in City Centre 1,228.57 € 1,100.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 857.14 € 700.00-1,200.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 441.29 € 371.61-650.32
Price per Square Feet to Buy Apartment Outside of Centre 353.03 € 297.29-371.61
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,157.14 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.68 1.30-1.85

These data are based on 71 entries in the past 18 months from 12 different contributors.
Last update: June 2021

Sources and References
Sign up for our newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far